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What does Euronote mean?

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Euronote
Noun


An underwritten, fully negotiable, unsecured, unsubordinated promissory note of a high-quality corporate, financial or sovereign borrower, issued in the Euromarket in bearer form, typically at a discount, with a maturity of 7 to 365 days (normally one, three or six months).

Comment: 
“Euronote” is often used as a generic term for any short-term Euroissue, including Euro certificates of deposit (ECD) or Euro commercial paper (ECP).
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